The new investment will be used to enhance Aurora’s lead algorithmic trading capabilities, broaden its product portfolio, and establish new commercial distribution partnerships.
Jan-Vincent, Co-Founder and Chief Executive of Aurora, expressed excitement over the partnership with QBE Ventures. “We’re delighted to have the support of QBE Ventures. Aurora is uniquely positioned to enhance both our insurer and broking partners’ propositions. James and his team have a fantastic understanding of our complex business and how Aurora’s role within the ecosystem will continue to develop.”
Bijal Patel, Co-Founder and Chief Technical Officer, emphasised the strategic fit between the two companies. “We’re grateful for QBE Ventures’ support. Their alignment with our vision for algorithmic trading and understanding of the benefits of our innovation make them an ideal investor. Their collaborative approach and expertise in emerging industry trends have really impressed us, and we’re excited to work together to drive the insurance industry towards a more data-driven and efficient future.”
The investment marks a significant step for Aurora as it continues to develop innovative insurance solutions and expand its reach in the commercial insurance sector.
James Orchard, CEO of QBE Ventures, shared his optimism for the partnership. “We’ve really enjoyed getting to know Jan, Bijal, and the team. Algorithmic trading and better leveraging automation and AI to improve workflows and risk understanding present key opportunities for long-term growth. Aurora has developed a strong asset, and we’re looking forward to helping them scale globally.”
Join QBE Ventures Leaders at Insurtech Insights Europe 2025 in London
Join Simon Pink, UK Head of Emerging Technology, QBE Ventures at Insurtech Insights Europe 2025 on March 19 to 20th at the Intercontinental O2, London. Simon is confirmed to offer valuable insights at the event. For more information, visit here: ITI Europe 2025